BMO Revises Gold Forecast Up A little, Palladium A Lot
BMO Capital Markets has upped its gold-price forecast fractionally, with analysts saying the metal is on better footing than half a year ago and comfortable within the range of the last 1 ½ years.
Gold, Silver Prices Rebound; Tame U.S. Inflation Data Supportive
Gold and silver prices are posting moderate corrective gains in early-morning dealings Friday, following the sharp losses suffered Thursday.
Read moreBitcoin Daily Chart Alert – Prices Hit 4-Week High Friday – Mar. 29
Bitcoin-U.S. dollar prices are higher and hit a four-week high in early trading Friday. Prices are also poised to close at technically bullish weekly and monthly high closes today.
Read moreGold’s Bear Market Will Only Be Over When This Level Is Breached — Strategist
The gold bear market is still weighing prices down, but once gold breaches the $1,380 level, the metal will really take off, according to one strategist.
Read moreFed’s Policy U-Turn Good For Long-Term Gold Prices – WGC
(Kitco News) – Gold investors disappointed with the yellow metals price action following last week’s Federal Reserve monetary policy meeting need to be a little more patient, according to the World
Gold Council (WGC).
Gold, Silver Prices Pounded By Stronger U.S. Dollar
Gold prices suffered strong double-digit losses and hit a three-week low today, while the silver market was hammered to a three-month low. The precious metals bulls are fading fast late this week amid a resurgent U.S. dollar index that is pushing towa…
Read moreThis Is What Will Happen To Gold And Palladium Now, According To Fund Manager
While palladium has been seeing a recent run-up in prices, gold should see renewed favor from investors owing to a shift in monetary policy, said Edward Egilinsky, managing director and head of Alternative Investments at Direxion.
Read moreAnalysts: Palladium Prices Tumble From ‘Bubble’ Territory
Analysts say that palladium prices may have been in’bubble’ territory after the sharp rise since late summer, and some see potential for further weakness even after the metal shed 11% during the last two days.
Read moreU.S. Dollar, Equities Continue To Weigh On Gold – Saxo Bank
(Kitco News) – Although low interest rates and falling bond yields are supportive for gold prices, the yellow metal still needs more to attract renewed interest, according to one market analyst.
Read morePalladium Prices Peaked Last Week; Downhill From Here
Palladium futures prices are tanking late this week, with June futures dropping sharply and hitting a seven-week low Thursday. There are several important technical clues that have just developed to suggest this market has put in a major top, after hi…
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